Funding you earn now, next payment 00:00 UTC+0.0057%/8h= +6.2% APRpaid last 24h +0.039%
Price spread now: Kraken Futures against KuCoin−0.033%7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$950.953% of the position
Funding, last 7 days+0.125%+$12 on $10k
+Price spread, last 3 days (all we have)+0.158%+$16 · spread now −0.033%, 7d avg +0.061%
=Funding pays, the price is against you. Kraken Futures is 0.094% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.061%). If the spread goes back, that is −$9 on $10k: about 5.5 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRVUSDTM | 0.3655 | 0.0100 | pay 0.0100% / 8h | 20m 09s | $7.3M | $9.1M | 50x |
| Short | Kraken Futures PF_CRVUSD | 0.3654 | 0.0157 | get 0.0020% / 1h | 20m 09s | $3.1M | $2.9M | 50x |
KuCoin CRVUSDTM
Kraken Futures PF_CRVUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $11.88
- Price spread: −0.033% → +0.061%
- −$9.36
- Slippage, 4 orders
- −$73.34
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$92.82
- Costs to cover
- 0.953%
- Break-even
- 61.7 days
Slippage from KuCoin: live order book, 3 min ago; Kraken Futures: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 3 min ago | 2.73 bp | 23.6 bp −$24 | 118.5 bp −$1,185 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 6.84 bp | 16.7 bp −$17 | 35.8 bp −$358 | doesn't fit | doesn't fit |
CRV on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CRV_USDC-PERPETUAL | −0.0298% | 1h | 0.3649 | −0.164% | $56K | $49K | 25x | as long as short |
| Injective CRV/USDC PERP | −0.0146% | 1h | 0.3670 | +0.410% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | −0.0108% | 1h | 0.3649 | −0.172% | $26K | $176K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3648 | −0.179% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3652 | −0.077% | $38K | $5K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3650 | −0.137% | $24K | $929 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3649 | −0.164% | $413K | $737K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3651 | −0.104% | $130K | $184K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3652 | −0.086% | $369K | $208K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3648 | −0.182% | $25.6M | $56.4M | 75x | as long as short |
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Orderly PERP_CRV_USDC
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3650 | −0.137% | $27.7M | $17.3M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3648 | −0.192% | $8.8M | $21.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3652 | −0.082% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3650 | −0.137% | $14.4M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTMlong | +0.0100% | 8h | 0.3655 | long leg | $7.3M | $9.1M | 50x | |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3653 | −0.055% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3651 | −0.109% | — | $21.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3649 | −0.164% | $1.1M | $111K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3647 | −0.232% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3653 | −0.065% | $516K | $419K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3647 | −0.219% | $60K | $698K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3668 | +0.356% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3649 | −0.169% | $243K | $883K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3650 | −0.137% | $19K | $9K | 3x | as long as short |
| Kraken Futures PF_CRVUSDshort | +0.0157% | 1h | 0.3654 | −0.033% | $3.1M | $2.9M | 50x | |
| Hyperliquid CRV | +0.0170% | 1h | 0.3655 | +0.014% | $22.7M | $16.5M | 10x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3646 | −0.246% | $1.4M | $4.4M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3660 | +0.137% | $383K | $4.7M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0437% / S −0.0186% | 1h | 0.3651 | −0.098% | $229K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0547% | 1h | 0.3654 | −0.038% | $106K | $305K | 10x | as long as short |
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
Bitget CRVUSDT
BingX CRV-USDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
Hyperliquid CRV
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP